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Jan 9, 2013 3:00am PST
amendment, i encourage him to do that. we cannot let this economy become the victim by tact cal politics. >> those aren't sure, how would the president enact the 14th amendment. >> how would the steps play out there. >> it would be a straightforward excuse me order. the 14 th amendment. you can't if the congress refused to authorize it, the president by executive order would direct treasu tree to meet the obligations coming due and that would include the bondholders who have lengtht us money, the contractors in the middle of construction of a road and then, obviously, there would be a lawsuit that followed an the courts would have to sort out who is right or wrong, but our view is that allowing either party by the way, republicans now to use this as a tactic economic nuclear weapon has just got to be off limits. >> the other option we have heard from which i think is the more comic cal is that the secretary has the power to print through the u.s. mint. any sort of denomination, a coin a bill he could print a trillion dollar coin. >> i guess it is. >> it makes
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